Handicap the past auction results

[Bronty]

So.... there is quite a bit of history now with Heritage.

 

My idea for the thread is it would be interesting to look at some past sales from years ago and handicap what those pieces might be worth now.

 

These two stood out to me above all others:

 

Spiderman 10... the complete book! Drool!

 

--sold in 2002 for $161,000

 

http://comics.ha.com/itm/original-comic-art/steve-ditko-original-art-for-amazing-spider-man-10-complete-22-page-story-marvel-1964-in-1962-stan-lee-created-a-ne/a/803-5859.s?ic4=GalleryView-Thumbnail-071515

 

Tales to Astonish 27 - the complete book! Drool!!

 

--sold in 2002 for $65,000

 

http://comics.ha.com/itm/original-comic-art/jack-kirby-don-heck-bob-forgione-steve-ditko-original-art-for-tales-to-astonish-27-complete-book-marvel-1961-it-i/a/803-5990.s?ic4=GalleryView-Thumbnail-071515

 

Guess on current FMV?

 

Feel free to add your own interesting listings to the discussion

[Mercury8989-migration]

So.... there is quite a bit of history now with Heritage.

 

My idea for the thread is it would be interesting to look at some past sales from years ago and handicap what those pieces might be worth now.

 

These two stood out to me above all others:

 

Spiderman 10... the complete book! Drool!

 

--sold in 2002 for $161,000

 

http://comics.ha.com/itm/original-comic-art/steve-ditko-original-art-for-amazing-spider-man-10-complete-22-page-story-marvel-1964-in-1962-stan-lee-created-a-ne/a/803-5859.s?ic4=GalleryView-Thumbnail-071515

 

Tales to Astonish 27 - the complete book! Drool!!

 

--sold in 2002 for $65,000

 

http://comics.ha.com/itm/original-comic-art/jack-kirby-don-heck-bob-forgione-steve-ditko-original-art-for-tales-to-astonish-27-complete-book-marvel-1961-it-i/a/803-5990.s?ic4=GalleryView-Thumbnail-071515

 

Guess on current FMV?

 

Feel free to add your own interesting listings to the discussion

 

$880k for the complete ASM # 10 at a VERY conservative 40k a page. Probably really possibly maybe a $1.6 Million sale today.

 

the Kirby book Id say is a 200K book for the 7 pages

 

That's my bar napkin analysis

[Nexus]

ASM #328...sold in July 2012 for $657,250:

 

http://comics.ha.com/itm/original-comic-art/todd-mcfarlane-the-amazing-spider-man-328-cover-original-art-marvel-1990-/a/7063-92030.s?ic4=ListView-ShortDescription-071515

 

Would resell now for less than $100K. Unless you had McSpidey investors bidding it up to protect the market. And even then, I don't see it going past $150K.

 

 

[drdroom]

ASM #328...sold in July 2012 for $657,250:

 

http://comics.ha.com/itm/original-comic-art/todd-mcfarlane-the-amazing-spider-man-328-cover-original-art-marvel-1990-/a/7063-92030.s?ic4=ListView-ShortDescription-071515

 

Would resell now for less than $100K. Unless you had McSpidey investors bidding it up to protect the market. And even then, I don't see it going past $150K.

 

 

YES! Leave us not neglect the in-the-red examples.

[Bronty]

 

the Kirby book Id say is a 200K book for the 7 pages

 

 

The astonish 27 estimate is drastically low IMO

 

7 pages kirby as you say (and a first appearance of a significant character!)

 

Then there are also 5 pages of ditko, 6 pages of heck, 5 pages of forgione

 

 

I think you might find a buyer @ 2-3x that given its a first appearance?

 

Thoughts?

 

 

[Nexus]

ASM #328...sold in July 2012 for $657,250:

 

http://comics.ha.com/itm/original-comic-art/todd-mcfarlane-the-amazing-spider-man-328-cover-original-art-marvel-1990-/a/7063-92030.s?ic4=ListView-ShortDescription-071515

 

Would resell now for less than $100K. Unless you had McSpidey investors bidding it up to protect the market. And even then, I don't see it going past $150K.

 

 

YES! Leave us not neglect the in-the-red examples.

 

Indeed! Easy pickings, but still needs to be said.

 

Another obvious example:

 

http://comics.ha.com/itm/original-comic-art/frank-miller-and-klaus-janson-batman-the-dark-knight-3-batman-and-robin-iconic-splash-page-10-original-art-dc-1986-/a/7033-92134.s?ic4=ListView-ShortDescription-071515

 

DKR #3 splash...sold in May 2011 for $442,150. Would resell today for...less. Not as dramatic a beating as the ASM #328, but I would peg it somewhere between $200K-300K.

[delekkerste]

ASM #328...sold in July 2012 for $657,250:

 

http://comics.ha.com/itm/original-comic-art/todd-mcfarlane-the-amazing-spider-man-328-cover-original-art-marvel-1990-/a/7063-92030.s?ic4=ListView-ShortDescription-071515

 

Would resell now for less than $100K. Unless you had McSpidey investors bidding it up to protect the market. And even then, I don't see it going past $150K.

 

 

I never rated this cover very highly, but I know others did even before the $657K mess-show. I could still see this one reselling in the $150-$200K range. Definitely 6-figures, though, in any case.

[Nexus]

Now for better news...

 

SILVER SURFER #1 cover...sold in November 2001 for $40,250:

 

http://comics.ha.com/itm/original-comic-art/john-buscema-and-joe-sinnott-original-cover-art-for-silver-surfer-1-marvel-1968-heritage-comics-auctions-is-very-prou/a/801-5499.s?ic4=ListView-ShortDescription-071515

 

Presumably bought by the boss, it's in his CAF gallery now. I'll say it's a $250K cover today. He did well. No doubt, he always does.

 

[glendgold]

How about the GL 76 cover? I'm pretty sure it would sell for less than the ASM 98.

[delekkerste]

How about the GL 76 cover? I'm pretty sure it would sell for less than the ASM 98.

 

If the new owner got hit by a bus tonight and the cover was re-auctioned at Heritage in February, my guess is that it would fetch somewhere in the low-to-mid $300Ks. Around or maybe a bit more from where the live bidding stalled out before (presumably) the final two bidders took it into overdrive.

 

I do not subscribe to the auctioneer philosophy that "if you bid more, it's worth more".

[Mercury8989-migration]

Now for better news...

 

SILVER SURFER #1 cover...sold in November 2001 for $40,250:

 

http://comics.ha.com/itm/original-comic-art/john-buscema-and-joe-sinnott-original-cover-art-for-silver-surfer-1-marvel-1968-heritage-comics-auctions-is-very-prou/a/801-5499.s?ic4=ListView-ShortDescription-071515

 

Presumably bought by the boss, it's in his CAF gallery now. I'll say it's a $250K cover today. He did well. No doubt, he always does.

 

I say this is $350k Cover today

 

My bar napkin analysis goes as follows take the $40,000 and throwing into a compound calculator at a reasonable 16%. That's $320,000. The other $30k I derive from deviating from mere mathematical exponents based on gut. Its a BEAAAAAAUUUTIFUL Buschema example. Almost the best example.

[Nexus]

Uh-oh...more bad news.

 

MR. A splash sold in November 2009 for $38,837.50:

 

http://comics.ha.com/itm/original-comic-art/steve-ditko-comic-crusader-4-mr-a-debaters-splash-page-original-art-1968-/a/7013-93166.s?ic4=ListView-ShortDescription-071515

 

Would resell today for...who the hell knows? Who out there gives a mess about MR. A? Ditko or not, a totally inexplicable result the first time. Anyway, suffice it to say, it goes for a lot less now than $39K.

[*paull*]

Bill Everett - Marvel Comics #1 art

$86K in 2005

 

http://comics.ha.com/itm/original-comic-art/bill-everett-marvel-comics-1-sub-mariner-page-12-original-art-timely-1939-a-show-stopping-masterwork-from-the-dawn-o/a/816-2328.s?ic4=GalleryView-ShortDescription-071515

 

This one is hard to guess. I think that was a solid price in 2005. 200-250K today?

[Silver Surfer]

Is this the only know MC#1 page?

[romitaman]

Is this the only know MC#1 page?

 

YES!! its the only page known from Marvel Comics #1...

 

I founded this page in new york Staten island from comic artist Pete Morisi in the summer of 2002....

 

I thought it was an unpubliushed golden age page when iboguht it as it was small and drawn on craftinit board.

 

I didnt know it was from Marvel comics #1 until a day after I got home and showed an image to friends.

 

I sold it...... and all of the other art i got in that deal to Greg Manning Auctions within 24 hours.......needless to say...i sold it to Greg Manning privately for WAY more than what it auctioned for.

 

Also...i did send Pete Morisi some extra money once i was paid in full for the art.

 

Mike

[vodou]

Uh-oh...more bad news.

 

MR. A splash sold in November 2009 for $38,837.50:

 

http://comics.ha.com/itm/original-comic-art/steve-ditko-comic-crusader-4-mr-a-debaters-splash-page-original-art-1968-/a/7013-93166.s?ic4=ListView-ShortDescription-071515

 

Would resell today for...who the hell knows? Who out there gives a mess about MR. A? Ditko or not, a totally inexplicable result the first time. Anyway, suffice it to say, it goes for a lot less now than $39K.

Big outlier. Worth $10k tops then. About the same now. (Unless somebody is on a specific mission and paying whatever it takes.)

[vodou]

Now for better news...

 

SILVER SURFER #1 cover...sold in November 2001 for $40,250:

 

http://comics.ha.com/itm/original-comic-art/john-buscema-and-joe-sinnott-original-cover-art-for-silver-surfer-1-marvel-1968-heritage-comics-auctions-is-very-prou/a/801-5499.s?ic4=ListView-ShortDescription-071515

 

Presumably bought by the boss, it's in his CAF gallery now. I'll say it's a $250K cover today. He did well. No doubt, he always does.

If the $250k is a good number (and I'm not disagreeing), that's a great 14 year return (roughly 6x) for Wall St but only so-so for comic art. Same with that Thor cover we saw last Friday that previously sold a long time ago at HA -both suffer from the law of large numbers. That same $40k deployed in 2001 @ 400 x $100 pieces of the day...whew, anybody can do that math, but mainstream superhero would be 10x without a lot of work. Zero prestige of ownership in a rather large stack of average panel pages (think 70s/80s Trimpe, Robbins, Sal B, Kupperberg, Milgrom, Buckler, that whole B-team crew) compared to Surfer #1, but...? You get a lot of $800-1,000 singles out of that now.

 

ex: http://comics.ha.com/itm/original-comic-art/panel-pages/george-tuska-and-vince-colletta-original-art-for-iron-man-44-pages-4-and-5-marvel-1972-two-pages-from-1972-by-indus/a/807-9693.s?ic3=ViewItem-Auction-Archive-PreviousLot-081514

[Claudio]

Now for better news...

 

SILVER SURFER #1 cover...sold in November 2001 for $40,250:

 

http://comics.ha.com/itm/original-comic-art/john-buscema-and-joe-sinnott-original-cover-art-for-silver-surfer-1-marvel-1968-heritage-comics-auctions-is-very-prou/a/801-5499.s?ic4=ListView-ShortDescription-071515

 

Presumably bought by the boss, it's in his CAF gallery now. I'll say it's a $250K cover today. He did well. No doubt, he always does.

If the $250k is a good number (and I'm not disagreeing), that's a great 14 year return (roughly 6x) for Wall St but only so-so for comic art. Same with that Thor cover we saw last Friday that previously sold a long time ago at HA -both suffer from the law of large numbers. That same $40k deployed in 2001 @ 400 x $100 pieces of the day...whew, anybody can do that math, but mainstream superhero would be 10x without a lot of work. Zero prestige of ownership in a rather large stack of average panel pages (think 70s/80s Trimpe, Robbins, Sal B, Kupperberg, Milgrom, Buckler, that whole B-team crew) compared to Surfer #1, but...? You get a lot of $800-1,000 singles out of that now.

 

ex: http://comics.ha.com/itm/original-comic-art/panel-pages/george-tuska-and-vince-colletta-original-art-for-iron-man-44-pages-4-and-5-marvel-1972-two-pages-from-1972-by-indus/a/807-9693.s?ic3=ViewItem-Auction-Archive-PreviousLot-081514

. ROI is great but so is owning a terrific piece of comics history. I'd rather have the cover.

[vodou]

ROI is great but so is owning a terrific piece of comics history. I'd rather have the cover.

Understandable. Many of us, including me (surprise, surprise!) would agree. The theme of the thread is ROI though.

[Silver Surfer]

Is this the only know MC#1 page?

 

YES!! its the only page known from Marvel Comics #1...

 

I founded this page in new york Staten island from comic artist Pete Morisi in the summer of 2002....

 

I thought it was an unpubliushed golden age page when iboguht it as it was small and drawn on craftinit board.

 

I didnt know it was from Marvel comics #1 until a day after I got home and showed an image to friends.

 

I sold it...... and all of the other art i got in that deal to Greg Manning Auctions within 24 hours.......needless to say...i sold it to Greg Manning privately for WAY more than what it auctioned for.

 

Also...i did send Pete Morisi some extra money once i was paid in full for the art.

 

Mike

 

Very cool. That is some good karma right there.